b. Can you tell whether the interest rate elasticity of borrowing (or capital demand) is positive or
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b. Can you tell whether the interest rate elasticity of borrowing (or capital demand) is positive or negative for someone who earns no income now but will earn income in the future?
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Ali Khawaja
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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